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International Business Times
International Business Times
Business

Walmart Ice Cream Brand Files Bankruptcy: Rebel Creamery Owes $23.8M Over Copied Packaging

Walmart ice cream brand Rebel Creamery files bankruptcy, owes $23.8m (£17.6 million) over copied packaging

Rebel Creamery, the Utah-based low-carb ice cream brand sold at Walmart, Target and Kroger, has filed for Chapter 11 bankruptcy protection weeks after a federal judge ordered it to surrender nearly $23.8 million £17.6 million) in profits to rival Van Leeuwen over an ice cream packaging dispute.

The filing, lodged on 14 August in the US Bankruptcy Court for the District of Utah, lists between $10 million (£7.4 million) and $50 million (£37.1 million) in both assets and liabilities. Van Leeuwen is listed among Rebel's unsecured creditors with a disputed $23.785 million (£17.6 million) claim that Rebel is appealing.

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